MicroStrategy, the world’s largest business intelligence company (publicly traded) made its first move to be a member of the Bitcoin community. From now onwards, Bitcoin would be considered as a primary, reserved, treasury asset. The company bought 21,454 BTC, for a whopping $250 million on 11th August. The event was announced earlier on July 28 by the CEO.  According to …

July 2020 is considered as a historic day in cryptocurrency, as the Office of the Comptroller of the Currency (OCC) issued some new regulations. According to these guidelines, national banks and federal financial organizations can offer cryptocurrency services to their customers. These services include safekeeping and storage, as well as other services.  The safekeeping service offered by these banks is …

Costa Rican resident and pharmacist Jose Luis Hou, along with darknet vendor David Brain Pate sold drugs (opioids) worth 23, 903 Bitcoins. Do you want to know the net worth in dollars? 270 million dollars.    Yes, you have heard me right the first time. The entire transaction was made on Darknet. These men are charged by a federal grand …

Russia takes the first step of legalizing cryptocurrency, with President Vladimir Putin signing a law regulating digital financial assets (DFAs). The bill was already approved by the State Duma, the lower house of the Russian parliament, and the Federation Council. This law will be effective from 1st January 2021. This law recognizes digital currencies as electronic data compilations, which could …

Heisenberg Capital founder and Keiser Report host predicted that Bitcoin would overcome the all-time record ($20,000) without any resistance. According to him, it will reach $28,000. He even says the price will reach six-figures, after staggering for a bit. He has enough evidence to back up his prediction. Last week, the Bitcoin price reached $12000 from $9000 (highest price rise). …

Cryptocurrency Ethereum is backed by a decentralized finance protocol MakerDAO (MKR). What is that have to do with this news? Everything. According to sources, the total value locked in it has reached new heights (slightly above $1 million, 13% rise). This the trend we are currently seeing since July 22. During the procedure of minting DAI Stablecoin, Ether is used …

It is a well-known fact that the world of digital currency is volatile. Sometimes the price of cryptocurrency rises steeply, and sometimes the curve is declining. If we look at the current trends, Bitcoin is priced at $9.6K, and Ethereum token Ether is at an all-time high ($263-$271). This is made possible due to the increasing popularity of decentralized finance …

Scammers are everywhere, and the digital currency market is no exception to that rule. With the rising popularity of Bitcoins and digital currencies, the scope for scamming is significantly high. We have heard about fake giveaways, scams (Nigerian Prince scams), and other schemes. We have already heard about the Bitcoin Twitter scam, where famous personalities are targeted. By promising fake …

Joshua Pollonso Epifaniou, from Cyprus, is accused of committing fraud and stealing thousands of Bitcoin. He is also accused of extortion and identity theft. According to the sources, he, along with others, stole personal data from a California-based game publisher, and a New York-based hardware company. Apart from that, he also targeted an online employment website in Virginia and an …

The active supply of Bitcoin has hit its lowest point, only over 1 million Bitcoin (19-month low to be precise). But what does it mean? Experts mention that this may be the signs of a potential rise in the price.  This may be due to the pandemic situation or the recent Twitter hack of famous US personalities. Earlier this year, …